Ride-sharing could cut cabs' road time by 30 percent

Monday, September 1, 2014 - 14:00 in Mathematics & Economics

Cellphone apps that find users car rides in real time are exploding in popularity: The car-service company Uber was recently valued at $18 billion, and even as it faces legal wrangles, a number of companies that provide similar services with licensed taxi cabs have sprung up.

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